MRVL Options History — July 2023

In July 2023, MRVL traded between $58.73 and $65.95. ATM implied volatility averaged 42.6%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 8.4% (HV 20d: 34.3%). Max pain ranged from $52.50 to $60.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.63.

Notable Days

  • 2023-07-13: Highest Volume — 75,979 contracts
  • 2023-07-24: Largest IV spike — 10.0% change
  • 2023-07-31: Highest IV Rank — 45.6%
  • 2023-07-27: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.01$58.73$65.95$60.91$64.84
Max Pain$54.13$52.50$60.00$60.00$55.00
ATM IV42.6%37.7%52.2%38.3%52.2%
Expected Move11.3%10.6%11.7%10.6%11.6%
HV 20d34.3%30.9%37.2%33.8%30.9%
HV 60d70.5%69.6%71.3%70.8%69.7%
IV Rank15.7%0.3%45.6%2.1%45.6%
IV Percentile11.8%0.4%40.9%0.4%40.9%
Term Structure1.7%-2.8%7.9%0.3%-2.8%
VWIV40.2%37.3%43.1%37.3%43.1%
Skew 25d1.6%0.7%2.2%0.9%1.9%
Skew 10d2.7%1.5%3.9%1.9%2.5%
Call IV 25d42.4%37.4%51.1%38.5%51.1%
Put IV 25d43.9%39.3%53.0%39.4%53.0%
Bid-Ask Spread %1.861.433.303.301.80
Gamma HHI0.090.060.160.080.10
Net GEX13.7M4.5M29.6M9.9M9.1M
Net DEX-586.8M-871.3M-304.7M-473.0M-607.2M
Net VEX-3.7M-3.8M-3.6M-3.8M-3.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.251.240.260.27
Total Volume37,762.715,03975,97915,03954,423
Total OI540,478.05498,168594,396514,739498,168

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-07-03$60.91$60.0038.3%10.6%33.8%2.1%37.3%0.9%0.3%9.9M-473.0M-3.8M0.263.3011,9053,134247,847266,892
2023-07-05$60.16$60.0038.9%10.8%31.5%3.9%38.0%1.2%0.3%9.3M-420.5M-3.8M0.402.8111,0834,414253,751268,214
2023-07-06$58.73$52.5039.7%11.6%32.0%6.5%40.6%1.5%0.2%4.5M-304.7M-3.8M0.511.4320,36210,478254,882270,370
2023-07-07$59.45$52.5038.7%11.2%32.3%3.4%41.8%1.6%0.5%6.3M-357.2M-3.8M1.101.4521,48823,536259,582273,254
2023-07-10$60.19$52.5039.5%11.4%32.4%5.8%42.5%2.2%0.3%7.4M-413.9M-3.7M1.241.6413,39416,642250,265271,908
2023-07-11$62.06$52.5039.8%11.5%34.2%6.9%40.1%1.8%0.2%14.8M-571.9M-3.7M0.251.4342,33110,429255,573281,727
2023-07-12$62.81$52.5037.7%11.0%32.4%0.3%38.4%1.9%0.8%22.1M-667.8M-3.7M0.701.7131,90022,338267,226285,250
2023-07-13$65.32$52.5038.9%11.1%34.9%4.0%39.3%1.6%-0.2%24.7M-871.3M-3.7M0.281.6759,39816,581269,217293,914
2023-07-14$63.48$52.5039.5%11.3%36.5%5.9%39.7%1.6%0.0%21.7M-702.1M-3.8M0.771.5527,63521,261280,689299,489
2023-07-17$64.53$52.5040.0%11.5%36.9%7.6%41.1%2.0%7.1%20.1M-710.9M-3.7M0.441.5123,15610,111263,641294,350
2023-07-18$65.95$52.5040.3%11.6%36.5%8.5%40.4%1.3%7.6%29.6M-841.9M-3.7M0.461.5326,47112,074268,106299,289
2023-07-19$65.47$52.5040.6%11.6%36.7%9.2%42.3%1.1%7.9%26.2M-787.7M-3.7M0.441.5933,22814,582269,690305,664
2023-07-20$63.27$52.5042.0%11.6%37.2%13.6%41.3%0.7%7.7%11.6M-588.5M-3.7M0.521.6126,88814,041276,117308,759
2023-07-21$63.64$55.0042.2%11.3%37.1%14.4%39.7%1.6%7.6%10.3M-619.4M-3.6M1.021.9015,42815,676281,939312,457
2023-07-24$63.09$55.0046.5%11.3%35.8%27.7%39.6%2.0%0.1%8.0M-501.9M-3.6M0.471.7813,3296,212222,576280,615
2023-07-25$64.03$55.0048.3%11.4%35.9%33.6%40.2%1.5%-0.3%10.3M-578.4M-3.6M0.482.2112,1655,823227,139283,458
2023-07-26$63.76$55.0049.2%11.3%33.5%36.3%39.5%1.8%-0.4%9.8M-560.4M-3.6M1.122.0810,04511,201229,807284,898
2023-07-27$63.55$55.0050.4%11.7%33.3%40.0%41.1%1.6%-0.6%6.0M-529.0M-3.6M0.842.0725,97321,711231,289291,648
2023-07-28$64.91$55.0050.1%10.9%31.8%39.2%38.5%1.5%-1.7%12.9M-629.0M-3.6M1.072.0516,64417,764232,290297,611
2023-07-31$64.84$55.0052.2%11.6%30.9%45.6%43.1%1.9%-2.8%9.1M-607.2M-3.6M0.271.8042,86711,556220,693277,475